SSVH & Co: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SSVH & Co
Largest movements
- Receivables within one year -€13,706
down €13,706 (-30.0%), from €45,758 to €32,051
of which Trade receivables: -€20,900
- Cash -€5,481
down €5,481 (-14.2%), from €38,557 to €33,076
mainly Investment in fixed assets (net) (-€20,556) and Debts after one year (-€15,663)
- Tangible fixed assets -€1,744
down €1,744 (-2.6%), from €66,455 to €64,711
of which Leasing and similar rights: -€6,045
- Debts after one year -€15,663
down €15,663 (-35.0%), from €44,692 to €29,029
- Profit (loss) carried forward -€4,435
new in 2025: -€4,435
- Other debts +€2,781
up €2,781 (+239%), from €1,163 to €3,944
- Tax, wage and social debts -€2,206
no longer reported in 2025 (was €2,206)
- Trade debts -€1,861
down €1,861 (-10.3%), from €18,012 to €16,150
- Gross operating margin -€36,925
down €36,925 (-64.0%), from €57,705 to €20,780
- Taxes -€7,074
down €7,074 (-98.2%), from €7,206 to €132
- Depreciation +€3,776
up €3,776 (+20.4%), from €18,524 to €22,300
- Financial income +€717
up €717 (+2,243%), from €32 to €749
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,769 | €129,838 | -€20,931 | -13.9% |
| Fixed assets | 21/28 | €66,455 | €64,711 | -€1,744 | -2.6% |
| Tangible fixed assets | 22/27 | €66,455 | €64,711 | -€1,744 | -2.6% |
| Plant, machinery and equipment | 23 | €4,458 | €10,390 | +€5,932 | +133% |
| Furniture and vehicles | 24 | €42,502 | €40,871 | -€1,631 | -3.8% |
| Leasing and similar rights | 25 | €19,495 | €13,449 | -€6,045 | -31.0% |
| Current assets | 29/58 | €84,314 | €65,127 | -€19,187 | -22.8% |
| Amounts receivable within one year | 40/41 | €45,758 | €32,051 | -€13,706 | -30.0% |
| Trade receivables | 40 | €43,797 | €22,897 | -€20,900 | -47.7% |
| Other amounts receivable | 41 | €1,961 | €9,155 | +€7,193 | +367% |
| Cash at bank and in hand | 54/58 | €38,557 | €33,076 | -€5,481 | -14.2% |
| Total equity and liabilities | 10/49 | €150,769 | €129,838 | -€20,931 | -13.9% |
| Equity | 10/15 | €69,487 | €65,052 | -€4,435 | -6.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €67,487 | €67,487 | = | 0.0% |
| Distributable reserves | 133 | €67,487 | €67,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,435 | -€4,435 | |
| Amounts payable | 17/49 | €81,282 | €64,786 | -€16,497 | -20.3% |
| Amounts payable after more than one year | 17 | €44,692 | €29,029 | -€15,663 | -35.0% |
| Financial debts | 170/4 | €44,692 | €29,029 | -€15,663 | -35.0% |
| Amounts payable within one year | 42/48 | €36,591 | €35,757 | -€834 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €15,209 | €15,663 | +€453 | +3.0% |
| Trade debts | 44 | €18,012 | €16,150 | -€1,861 | -10.3% |
| Suppliers | 440/4 | €18,012 | €16,150 | -€1,861 | -10.3% |
| Taxes, remuneration and social security | 45 | €2,206 | - | -€2,206 | |
| Taxes | 450/3 | €2,206 | - | -€2,206 | |
| Other amounts payable | 47/48 | €1,163 | €3,944 | +€2,781 | +239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,524 | €22,300 | +€3,776 | +20.4% |
| Other operating charges | 640/8 | €1,445 | €988 | -€457 | -31.7% |
| Gross operating margin | 9900 | €57,705 | €20,780 | -€36,925 | -64.0% |
| Operating profit (loss) | 9901 | €37,736 | -€2,508 | -€40,244 | |
| Financial income | 75/76B | €32 | €749 | +€717 | +2,243% |
| Recurring financial income | 75 | €32 | €749 | +€717 | +2,243% |
| Financial charges | 65/66B | €2,785 | €2,544 | -€241 | -8.6% |
| Recurring financial charges | 65 | €2,785 | €2,544 | -€241 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €34,983 | -€4,303 | -€39,286 | |
| Income taxes | 67/77 | €7,206 | €132 | -€7,074 | -98.2% |
| Profit (loss) for the period | 9904 | €27,777 | -€4,435 | -€32,212 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,777 | -€4,435 | -€32,212 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.